MARTINEZ: What do you see out there, Elon (looking at the waves off Boca Chica Beach)?
MUSK: Tony (they know each other on a personal basis), I see the future...transfer of $20 million from the nation's poorest community to the pockets of one of the richest billionaires in the country. We have ignition, baby!)
By Jerry Hirsch
L.A. Times
May 30, 2015
Elon Musk's California companies – Tesla, Solarcity and SpaceX – have enjoyed at least $4.9 billion in government support.
Here's how the subsidies add up:
TESLA MOTORS: $2.391 billion total
$1.29 billion – Nevada tax incentives for Gigafactory
$45 million – Value of discounted Department of Energy LOAN
$90 million – California Alternative Energy and Advanced Transportation Financing Authority
$517.2 million – Sale of California and other regulatory CREDITS
$284 million – Estimated value of federal INCOME TAX credits for eligible U.S. buyers of Model S sedans
$38 million – Value of California rebate for California buyers of Model S sedans
$126 million – California Self-Generation Incentive Program
$647,626 – California job training reimbursement
SOLARCITY: $2.516 billion total
$750 million — New York State cost to build solar panel factory
$1.5 billion — Estimated value of 30% subsidy for SOLAR INSTALLATION since 2006, including at least $497 million in Treasury grants
$5.6 million — Oregon tax credits and rebates
$260 million — New York LOCAL property tax exemptions
SPACE EXPLORATION TECHNOLOGIES: $20 million total
$20 million — Texas state and local incentives and rebates for space launch facility near Brownsville
Sources: Staff research; Securities and Exchange Commission filings; Good Jobs First estimates of incentive value; California and New York state records; interviews with local and state officials in California, New York and Texas; estimates of discounted LOAN value from credit analysts; estimates of average soalr installation cost from the Union of Concerned Scientists; estimates of Tesla U.S CAR sales from IHS Automotive
jerry.hirsch@latimes.com
7 comments:
Tony Martinez's theme of "Believe in Brownsville" asks the voters to re-elect him so that tax dollars can be spent as he has done before....Tony is a DICK and if he is re-elected we can depend on higher taxes, higher utility rates and no leadership.....since Tony is a puppet for an "unelected" group (United Brownsville) which seeks to promote themselves and their families and has no public service intentions. What is good for "United Brownsville" is not good for the citizens of this city! Vote NO to Tony Martinez!!!!!!!!!
Tony, the Herb, will bring prosperity and happiness to the banks, the Galchonskys , the Cártel Marins, the Aunt Jemimas,, and other known con operators to this fair city. If you do not vote, don't bitch .
YAYYY TONY :)
Go vote Tony out, now. If you have already voted, then find a lazy friend who hasn't, and take him/her.
This is a very important election. We will all be sorry if we miss this opportunity to get rid of Tony.
As Tony the Herb said, "give me Musk or give me dung".
The Pope is quite upset that the mayor impersonates Nuns in Bro overpasses asking for Alms.
Da mayor will now be disguised as Jeniffer at the Price Rd. overpass. Please donate your Alms .
Post a Comment